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john boehner made an offer earlier this week putting $800 billion on new revenue on the table. he got hit hard by the administration and members of his own party. >> we have to cut spending and, i believe, it's super flowous. >> and that is a law, higher rates to go up for the 2072%, including all of you. yes. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night during a 13-hour meeting. the council voted against several bills. matt has more. >> reporter: the mayor appears to be concerned about the budget when it comes to a number of bills passed by the council yesterday and one thing that could put a hole is the plan by the council to lower speed camera fines. it passed last night and even
john boehner made an offer earlier this week putting $800 billion on new revenue on the table. he got hit hard by the administration and members of his own party. >> we have to cut spending and, i believe, it's super flowous. >> and that is a law, higher rates to go up for the 2072%, including all of you. yes. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier...
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you think that john boehner is making a mistake by rejecting tea party? i think the speaker makes a mistake and the tea party is not a group that embraces serious tangibles of government that is traditionally work in this country. there are members of congress who got elected because, in fact, the tea party activists across the country were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something that is as insignificant and their life as a committee assignment remark that is right. >> if he thinks this is a party discipline, he is sadly mistaken. he often knows that from his own experience as a younger time in his service in congress. charles: representative, it has been
you think that john boehner is making a mistake by rejecting tea party? i think the speaker makes a mistake and the tea party is not a group that embraces serious tangibles of government that is traditionally work in this country. there are members of congress who got elected because, in fact, the tea party activists across the country were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance...
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boehner said no way. and then tom cole said boehner should not offer a counterproposal to the fiscal cliff deal the president presented. boehner offered a proposal yesterday. i asked cole if he's frustrated with john boehner. >> no, not in the least. look, i support the speaker. and we're actually not very far apart on anything. and, you know, at the end of the day, he's going to negotiate a deal. it will probably be a challenging vote for a lot of people. i always support him. i would expect i will again and try and persuade others. just to be clear, i'm not for raising taxes on anybody. i think it's a mistake. i think all republicans believe that. however, you have to recognize the reality that at the end of the month, tax rates for every american that pays income tax are going to go up. so there is an area that we do agree with the president on. that is 98% of the american people, getting about 80% of this tax cut shouldn't have their taxes raised. so my suggestion -- it was delivered, by the way, in p
boehner said no way. and then tom cole said boehner should not offer a counterproposal to the fiscal cliff deal the president presented. boehner offered a proposal yesterday. i asked cole if he's frustrated with john boehner. >> no, not in the least. look, i support the speaker. and we're actually not very far apart on anything. and, you know, at the end of the day, he's going to negotiate a deal. it will probably be a challenging vote for a lot of people. i always support him. i would...
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for what it's worth, president obama and house speaker boehner are talking. they had a nice telephone conversation. that's terrific. the first time in a week but apparently that's the headline. that's the editorial body. not much came out of it that we know of. sources say no real breakthrough. no formal negotiations. sessions are not scheduled. no back channel discussions taking place that anybody knows about at this time and as we wait for the white house briefing to begin, let's bring in wolf blitzer on this topic. there are a couple of polls that are very telling about how americans feel about congress and the president are behaving when it comes to the fiscal cliff. let me read some of these numbers for you. should obama compromise to get things done. 72% say yes. 22% say no. should the gop compromise to get things done. and take a look. 72% say yes. my question for you, wolf, i'm not sure you'll have the answer but perhaps you'll have guidance. for those democrats who say the president has a mandate because voters voted him into office while he campaign
for what it's worth, president obama and house speaker boehner are talking. they had a nice telephone conversation. that's terrific. the first time in a week but apparently that's the headline. that's the editorial body. not much came out of it that we know of. sources say no real breakthrough. no formal negotiations. sessions are not scheduled. no back channel discussions taking place that anybody knows about at this time and as we wait for the white house briefing to begin, let's bring in...
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. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members of congress are heading out on a long weekend, not to return till tuesday, this as the impasse here on capitol hill continues and the nation waits. social security workers marched outside their office in baltimore wednesday. they're protesting the government spending cuts due to kick in at the end of the year as part of the fiscal clear. >> we don't want to see our public hurt in any way. >> just down the road in washington, d.c., the standoff continues. house speaker john boehner says he's still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> i'm going need a response from the white house. we can't sit here and negotiate with ourselves. >> the president and boehner spok
. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members of congress are heading out on a long weekend, not to return till tuesday, this as the impasse here on capitol hill...
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. >>> and house speaker john boehner discussed fiscal strategies with president barack obama in a phone call. this comes as another republican is ready to break ranges. he said he could support president barack obama's demand for an increase in tax rates as part of a comprehend sufficient plan -- comprehensive plan to cut the federal deficit. some are looking for ways to save faces a they give in. >>> and maintenance costs, used by state lawmakers, at least a douse member of the legislature had repairs on those vehicles and repairs were made before lawmakers used them for their personal use. in any case the costs were thousands of dollars. >> only state in the country finally ended this program and they saw some abuse and they saw voters did not like the program and that it was a perk they could give up. >> starting this year, lawmakers are not issued any cars anymore instead they are. >> paid a moulin rate -- mileage rate for using their own vehicles. >>> now here is a look at items where they recently confiscated them from the burglary ring. investigators have arrested two brothers an
. >>> and house speaker john boehner discussed fiscal strategies with president barack obama in a phone call. this comes as another republican is ready to break ranges. he said he could support president barack obama's demand for an increase in tax rates as part of a comprehend sufficient plan -- comprehensive plan to cut the federal deficit. some are looking for ways to save faces a they give in. >>> and maintenance costs, used by state lawmakers, at least a douse member of...
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john boehner gave an eagle scout the honor of flipping that switch. >> 3,
john boehner gave an eagle scout the honor of flipping that switch. >> 3,
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boehner's trying to mitigate that mess. i wish him luck. something's going to f to have to give. >> from everything i've heard is that we are realistically, there's two options for country. one, go over the cliff. the other, extend the bush tax cuts for the 98% of americans. everyone who makes under $200,000 a year if they're single. those seem to be the two choices. between those, which do you pick? >> but, if we do that and raise the taxes on those small businesses we were just talking about, according to the congressional budget office, that's going to be about 200,000 american families are going to be out of work next year and that's the low estimate. young is estimating about 700,000 more unemployed. that's a lot of hurt for the middle class, so this is a battle for the middle class even when we're talk iing about that upper bracket because of the enormous impact that has on small business job creators. >> okay. i mean, aside from that argument though, i'm really trying to just get at the process here. it seems that there isn't that mu
boehner's trying to mitigate that mess. i wish him luck. something's going to f to have to give. >> from everything i've heard is that we are realistically, there's two options for country. one, go over the cliff. the other, extend the bush tax cuts for the 98% of americans. everyone who makes under $200,000 a year if they're single. those seem to be the two choices. between those, which do you pick? >> but, if we do that and raise the taxes on those small businesses we were just...
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speaker boehner suggests that capping deductions would actually protect the middle class. >> we have to cut spending and put revenues on the table. now, the revenues will come from, guess who? the rip. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates which we believe will harm our economy. >>reporter: the taxes will go up for those making moreover than $250,000 even if congress does nothing and also forren else but the polls suggest that the american will blame republicans. >>trace: thousands of workers are being laid off at a citigroup, slashing 11,000 jobs adding up to about 4 percent of the entire workforce. it is another cost-cutting move as banks continue to struggle after the recession in 2008 the citigroup nearly collapsed and took $2 billion in loops from taxpayers to stay afloat. investors welcomed the news on wall street. you can seat huge jump at the start of the day and citigroup stock has been climbing ever since. >> president obama will soon ask congress for tens of b
speaker boehner suggests that capping deductions would actually protect the middle class. >> we have to cut spending and put revenues on the table. now, the revenues will come from, guess who? the rip. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates which we believe will harm our economy. >>reporter: the taxes will go up for those making moreover than $250,000 even if congress...
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. >>> and president obama and house speaker john boehner are talking again. but that is about the only thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready to make the tough decisions on spending cuts. >> i am willing to make more entitlement spending cuts on top of the one trillion in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families then we're also going to have to ask the wealthiest americans to pay higher tax rates. that is one principle i wouldn't compromise on. >> speaker john boehner has a different view. he says the president needs to abandon what he called his "my way or the highway approach," in his words. if the president does that a lot of things are possible. >>> syrian rebels are battling army units around the capital. activists say 26 people were killed in the damascus subur
. >>> and president obama and house speaker john boehner are talking again. but that is about the only thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready to make the tough decisions on spending cuts. >> i am willing to make more entitlement spending cuts on top of the one trillion in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things...
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>>neil: the president and speaker boehner meeting. is it because my superpowers are clearly working? a reminder that is built to scale. no need to thank me now, citizens of earth because we may have gotten them together, but yours truly is not happy with what he is hearing. >> welcome, everyone, on a busy morning, i am neil cavuto. one step back, 21 days before the big day. the deal taking shape would put off $100 million in spending cuts by finding savings now but the cuts could be addressed next fall with the potential tax hike as a trigger, a reverse sequestration. so back up for the tax hikes. that would be like me saying i will go on a diet next year. it doesn't mean i will be eating fewer canollis this year. it is time to watch this, my co-super hero. what do you make of this? i'm not encouraged. >>guest: not encouraged. we started hearing when speaker boehner started talking framework, that is kicking the can down the road. the irony is, the debt ceiling debacle from last year they said it would be the last one, when we come to
>>neil: the president and speaker boehner meeting. is it because my superpowers are clearly working? a reminder that is built to scale. no need to thank me now, citizens of earth because we may have gotten them together, but yours truly is not happy with what he is hearing. >> welcome, everyone, on a busy morning, i am neil cavuto. one step back, 21 days before the big day. the deal taking shape would put off $100 million in spending cuts by finding savings now but the cuts could be...
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does john boehner have more control? >> they think obama can get anything through the house of representatives. but everything that has happened since the election all of the moves in the republican caucus have been about boehner consolidating control over that tea party caucus that didn't allow boehner to get a deal in 2011. >> there will be some criticism about it being two people at the table. will they get a deal done? >> i think there's some criticism from republicans about secret negotiations. i hate to break to to people in washington, but all negotiations over policy are secret in washington. that's how legislation gets done. you have to be in a room with negotiators to cut a deal. i wouldn't fret. >> they get criticized for not talking to each other and criticized for how to talk to each other. king maker, leaving before his term is up. says he could be more effective outside of the senate. what are they making of this in washington? >> a lot of people say the allure of a think tank with a big salary. >> more th
does john boehner have more control? >> they think obama can get anything through the house of representatives. but everything that has happened since the election all of the moves in the republican caucus have been about boehner consolidating control over that tea party caucus that didn't allow boehner to get a deal in 2011. >> there will be some criticism about it being two people at the table. will they get a deal done? >> i think there's some criticism from republicans...
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washington insiders say it is up to president obama and the house speaker boehner to work out a deal to avoid the fiscal cliff what if they say we have a deal, wouldn't players on both sides, the tar right and the far left, be angry? would it make more sense to wait until the last minute and then tell us? could that be what is going on? >>shepard: north korea is reportedly planning a rocket launch. technical glitch forced officials to add an extra week to the take off window. they now report the launch will take place some time before december 29. officials claim they are trying to put a satellite in space but the united states does not believe it. they say the regime is planning to test a long-range nuclear capable ballistic missile. the navy moved warships to the region to track and possibly defend against the planned launch. defend. and now the news from washington, dc. what are foes saying in the united states about this? >> only that the delay appears to is done nothing to dissuade north korea from moving ahead with what is believed an effort to build an intercontinental missile
washington insiders say it is up to president obama and the house speaker boehner to work out a deal to avoid the fiscal cliff what if they say we have a deal, wouldn't players on both sides, the tar right and the far left, be angry? would it make more sense to wait until the last minute and then tell us? could that be what is going on? >>shepard: north korea is reportedly planning a rocket launch. technical glitch forced officials to add an extra week to the take off window. they now...
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and frankly, and that's what speaker boehner is worried about. he is worried that if he makes this kind of deal, and works with nancy pelosi and works with the white house, that he could lose his speakership over. it but he has been moving in this last week, he has been removing recall trants from committee assignments. he has been exercising the powers that he should as a leader. >> president obama is not just sitting there. he has come forward asking to raise the debt ceiling. are you following that? >> yes. >> what do you think of that, and what do you think the congress thinks of that? >> well, it has to be raised. >> that's the power of the purse. >> the power of the purse is the power to spend. congress has already authorized and appropriated all of this money. now, it wants to come back in and prevent the government from paying the debts accrued by congress itself. so there is something absurd in congress coming in behind, and saying all of am money that we appropriated, we -- this money that we appropriated, we don't want to pay for it. w
and frankly, and that's what speaker boehner is worried about. he is worried that if he makes this kind of deal, and works with nancy pelosi and works with the white house, that he could lose his speakership over. it but he has been moving in this last week, he has been removing recall trants from committee assignments. he has been exercising the powers that he should as a leader. >> president obama is not just sitting there. he has come forward asking to raise the debt ceiling. are you...
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. >>> president obama and house speaker john boehner have resumed informal talks. they spoke by phone yesterday raising some hopes that formal talks will resume on how to avoid the new year's day "fiscal cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax rates at upper income levels. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering but, rather, because we need to raise a certain amount of money. >> house majority leader eric cantor says more needs to be done about spending right now. >>> meanwhile, public policy polling conducted an unusual survey to test american knowledge about debt reduction policy. people were asked what they thought of the panetta burns planning, something that doesn't even exist. one-fourth of the people took a stance on it anyway. 8% are in support by golly. 17% opposed. >> that's ri
. >>> president obama and house speaker john boehner have resumed informal talks. they spoke by phone yesterday raising some hopes that formal talks will resume on how to avoid the new year's day "fiscal cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax...
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that's where speaker boehner's job gets really tough. on piers morgan tonight newt gingrich said if all else fails, go over the cliff. >> i think that no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two years to an even bigger cliff. i think that the president clearly has staked out a position of nonseriousness. and i think that it's very difficult for the house republicans right now to find any practical way to get his attention. so, he just won an election. he is feeling very good about himself. he is posturing brilliantly, putting the republicans in a corner. they need to relax. they don't have an election until november 2014. >> senior congressional correspondent dana bash joins me now. dana, can we expect fire woworkt the meeting this morning? >> reporter: possibly, carol. one thing that has been interesting with regard to john boehner's leadership of the republican conference, which certainly is very conservative and he has had to balance that with negotia
that's where speaker boehner's job gets really tough. on piers morgan tonight newt gingrich said if all else fails, go over the cliff. >> i think that no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two years to an even bigger cliff. i think that the president clearly has staked out a position of nonseriousness. and i think that it's very difficult for the house republicans right now to find any practical way to...
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boehner knows this. this is why boehner is now coming to the table saying, all right, we can't do the cliff thing, we'll get the political hit for it and we'll also be in a bad negotiating position. but he has to identify where the money's coming from. and it's got to be rates. i get a sense in washington that the democrats have drawn the line in the sand on rates. if you can't get rates, you can't get anything else. boehner's going to come out and identify a bunch of deductions. that's not going to be enough. you got to go the rates. once you do the rates, everything else might fall in place because do i think the white house will negotiate. >> i want to go over the stakes of all of this just for the average american family, if we do go over the cliff, about 90% of households would end up paying almost $3,500 more in taxes and one in five action pai -- taxpayers would have to pay the alternative minimum tax, which would mean an increase of $3,700 more of what you already know and those on unemployment i
boehner knows this. this is why boehner is now coming to the table saying, all right, we can't do the cliff thing, we'll get the political hit for it and we'll also be in a bad negotiating position. but he has to identify where the money's coming from. and it's got to be rates. i get a sense in washington that the democrats have drawn the line in the sand on rates. if you can't get rates, you can't get anything else. boehner's going to come out and identify a bunch of deductions. that's not...
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house speaker john boehner is saying that's not going to stop negotiations though. in the meantime pentagon officials say the white house has ordered the military to start planning for the possibility of cutting $500 billion from its budget over the next decade in case no fiscal cliff deal is scheduled. the military had been told for months not to get ready for these budget cuts. in the meantime, "the washington post" released a survey earlier this week. it found 53% of people polled would blame republicans for going over the cliff. 27% would blame president obama. not a lot of sunshine that we're seeing this these talks. >> i was telling mike, i was listening to an interview with trent lott, former leader back in the days in the clinton administration. he said he and daschle would good friends and that they worked on it but he was also criticized by his fellow republicans for being a compromiser. when did compromise get to be a dirty word. >> we've seen signs of compromise on the side of john boehner and seen republicans go after him for doing that. >> exactly. it'
house speaker john boehner is saying that's not going to stop negotiations though. in the meantime pentagon officials say the white house has ordered the military to start planning for the possibility of cutting $500 billion from its budget over the next decade in case no fiscal cliff deal is scheduled. the military had been told for months not to get ready for these budget cuts. in the meantime, "the washington post" released a survey earlier this week. it found 53% of people polled...
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this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zoraida, as you saw there from the president earlier in that bloomberg interview, he is digging in, saying there can't be a deal unless upper income americans pay more. middle-class americans should get the bush era tax cut extension. is he not backing down from that at all. the president saying in that interview that he's not being stubborn. he's not being partisan but rather that it's, quote, a matter of math. >> we've been talking now for a while that a
this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes...
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frankly, it was the balanced approach that the president's has been asking for. >> perhaps the boehner/obama phone call late today has moved things along. >> there's lots of activity looking at opposites. what we don't have right now be on -- options. what we don't have right now obviously is a meeting of the minds. this will require a difficult compromise on all sides to get the job done. >> speaker boehner sent house members home today for the rest of the week keeping negotiators in case the meeting with the president calls for more movement. >> let's bring in fox 5 political analyst mark plotkin to talk a little bit more about this. mark, are both sides do you think making a valid tempt or is it looking more and more like we're -- attempt or is it looking more and more like we're going over the cliff? >> i have no way of knowing. i will say what was left out of bob's excellent report. he referred to this meeting with ceos of the business roundtable and said look, the debt ceiling has to be automatic. we can't go through that again separate it. has to be included in the plan and the
frankly, it was the balanced approach that the president's has been asking for. >> perhaps the boehner/obama phone call late today has moved things along. >> there's lots of activity looking at opposites. what we don't have right now be on -- options. what we don't have right now obviously is a meeting of the minds. this will require a difficult compromise on all sides to get the job done. >> speaker boehner sent house members home today for the rest of the week keeping...
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but we've already hurt the economy and hurt -- >> are you with boehner? >> i'm not with boehner. this guy doesn't need more money. >> we doubled spending. >> well, we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise, as far as taxes are concerned. >> well, how we go about tax reform, there's a lot of room to work together. >> lower the rats. i'm not sure where the democrats are. th they have not offered the plan. >> they keep the bush tax rates. the top two percent let them go from 35% to 39.6%. >> it's incredible to me we're already talking about it. it runs the government for five or six days. >> but at the beginning, every billionaire winds up being real money. >> but the president has known about this so-called cliff for over a year. and it's yet to present a plan that reduces our deficit. i'm willing to work with anyone who's willing to put a plan on the table. but our party, or anyone, should not
but we've already hurt the economy and hurt -- >> are you with boehner? >> i'm not with boehner. this guy doesn't need more money. >> we doubled spending. >> well, we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise, as far as taxes are concerned. >> well, how we go about tax...
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boehner owes us. boehner needs to say we've agreed on tax rates but everybody else around him seems to be agreeing that they're going to raise tax rates. then you say that to boehner's office. no, no. that's not true. >> right. meanwhile the american people are rolling their eyes and not paying attention to any of this. >> look, the stock market has been -- it's been a little troubling for the last three weeks or so. but absolutely. this is like total washington style political posturing. in the end will they get a deal? absolutely. they always get a deal. >> but the question is, is it a small deal or a big deal? >> well sure. >> and that is where i'm a pessimist on i think the smallest possible -- >> yeah. temporary. >> small as possible. >> they'll tackle it next year. >> because there is so much left on the table. we have the debt ceiling, one area where republicans really do have their leverage, you know, that is coming up, too. it's got to be a small deal. >> what is the debt ceiling leverage? i
boehner owes us. boehner needs to say we've agreed on tax rates but everybody else around him seems to be agreeing that they're going to raise tax rates. then you say that to boehner's office. no, no. that's not true. >> right. meanwhile the american people are rolling their eyes and not paying attention to any of this. >> look, the stock market has been -- it's been a little troubling for the last three weeks or so. but absolutely. this is like total washington style political...
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speaker boehner is facing growing backlash from the more conservative wing of his party. at issue, the $800 billion in new tax revenue he proposed in a fiscal cliff deal which the white house quickly rejected because it does not raise taxes on the wealthy but aims to get the money through cuts in deductions. senator jim demint denounced boehner's plan as a tax hike that will, quote, destroy american jobs and allow politicians in washington to spend even more. senate minority leader mitch mcconnell also distanced himself from the boehner plan declining to endorse it yesterday. >> we've wasted enormous amount of time here sparring back and forth in public, and it strikes me it's a good time to get serious about the proposals. so i have no other particular observation than i commend the house republican leadership for trying to move the process along and getting to a point where hopefully we can have a real discussion. >> but why is the the gop still hot on its desire to raise money through cuts and deductions rather than an actual increase in the top end tax rate? well, i t
speaker boehner is facing growing backlash from the more conservative wing of his party. at issue, the $800 billion in new tax revenue he proposed in a fiscal cliff deal which the white house quickly rejected because it does not raise taxes on the wealthy but aims to get the money through cuts in deductions. senator jim demint denounced boehner's plan as a tax hike that will, quote, destroy american jobs and allow politicians in washington to spend even more. senate minority leader mitch...
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Dec 4, 2012
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let's talk about some of john boehner's plan, though. john boehner is not moving off of rates. he's stilling talking about loophole closures. do you believe you can accomplish what needs to be done on the revenue side and let's step plate democrats have to be more specific about us entitlement side. can you accomplish what you need on the revenue side just by flattening deductions and closing loop snoels. >> it depends on where you set the cap, but i think what's happening here is that the speaker has put on the table revenues, very specific number, $800 billion, a big number compared to where he was before. the president has said $1.6 trillion. well, i think the obvious agreement here is 1.2. split the difference. how you get that extra 400 is an issue. there are a lot of ways to do it. revenues is not a complicated part of this situation. what is really more complex is the issue of how you get the entitlements controlled because there's really been no substantive ideas put forward on that get to the numbers that you really need to get to. now, what interestingly enough what t
let's talk about some of john boehner's plan, though. john boehner is not moving off of rates. he's stilling talking about loophole closures. do you believe you can accomplish what needs to be done on the revenue side and let's step plate democrats have to be more specific about us entitlement side. can you accomplish what you need on the revenue side just by flattening deductions and closing loop snoels. >> it depends on where you set the cap, but i think what's happening here is that...
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>> speaker boehner and i speak frequently. and, you know, i think the issue right now -- >> so, when? when will the two of you sit down in a room? >> you know, i don't think that the issue right now has to do with sitting in a room. >> reporter: in part, the white house was burned by the debt ceiling negotiations of 2011, when lots of meetings failed to stave off a fiscal nightmare. but there's another strategy at play. some in the administration say they learned in the first term the best way to break washington stalemates, rally the public to their cause. here's how the president put it to cbs news. >> so getting out of this town, spending more time with the american people, i need to do a better job of that in my second term. >> a better job of explaining? >> well, explaining, but also inspiring. >> now, wolf, for now, negotiations between the white house and congressional republicans are on deep freeze. at the white house, they are just waiting for the republicans to blink and agree to raise rates for the wealthiest. repub
>> speaker boehner and i speak frequently. and, you know, i think the issue right now -- >> so, when? when will the two of you sit down in a room? >> you know, i don't think that the issue right now has to do with sitting in a room. >> reporter: in part, the white house was burned by the debt ceiling negotiations of 2011, when lots of meetings failed to stave off a fiscal nightmare. but there's another strategy at play. some in the administration say they learned in the...
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he met with john boehner yesterday. their first face to face meeting in more than three weeks. today, the president will visit a detroit engine factory. the president's meeting with john boehner did not yield a breakthrough, but the men did agree on one thing. they'll keep their negotiations behind closed doors. they released a statement saying this. this afternoon, the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff. we are not reading out the details of the conversation, but the lines of communication remain open. dan lothian is at the white house. how telling is it that the statements were identical from both the president and speaker boehner? >> it shows that both sides agree on something and that is that they're not going to continue to have this debate play out in front of the cameras, harsh rhetoric going back and forth. but instead, will do it in private and i think that's very telling. certainly, we don't know what happened in that meeting because neither side getting any details. perhaps they did have a breakthrough
he met with john boehner yesterday. their first face to face meeting in more than three weeks. today, the president will visit a detroit engine factory. the president's meeting with john boehner did not yield a breakthrough, but the men did agree on one thing. they'll keep their negotiations behind closed doors. they released a statement saying this. this afternoon, the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff. we are not reading out...
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earlier this week he argued that speaker boehner's proposal tax hikes would destroy jobs. but senator demind says his resignation has nothing to do with the fiscal cliff. it's because he has accepted a job as president of the conservative think tank the heritage foundation. jim demint served three terms as a u.s. congressman from south carolina before voters first elected him to the senate in 2004. mike emanuel is on capitol hill tonight. it's a big resignation,. >> jim demint says is he leaving the senate, shep he is not leaving the fight. in fact, demint might be able to spend more time on issues he is most passionate about at the heritage foundation. he explained his thinking on "special report" a short time ago. >> i think i'm in a more powerful position than a single united states senator. i wouldn't feel good about leaving if we didn't have so many new bright young conservatives now in the senate. but it's time that conservatives take control of our message and let americans know what we can do to make their lives better. earlier fellow south carolina senator lindsey
earlier this week he argued that speaker boehner's proposal tax hikes would destroy jobs. but senator demind says his resignation has nothing to do with the fiscal cliff. it's because he has accepted a job as president of the conservative think tank the heritage foundation. jim demint served three terms as a u.s. congressman from south carolina before voters first elected him to the senate in 2004. mike emanuel is on capitol hill tonight. it's a big resignation,. >> jim demint says is he...
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john boehner needs to decide how he will get his caucus together. they're becoming increasingly isolated in their position. hopefully we can have a deal which protects the middle class. there is a piece of legislation sitting in the house today that would prevent taxes from going up on 98% of the american people. 97% of small businesses. they should go ahead and move that. and then we can have a broader discussion of how we achieve larger deficit reduction and avoid the fiscal cliff. but there's plenty of room and plenty of time for compromise. the president's position is clear. we're not going to do anything that hurts the middle class. we are going to protect those tax cuts for the middle class and for deficit reduction it needs to be fair and it needs to be balanced. everybody needs to pay their share so we can invest in the things we need to grow. >> i'm not sure about the plenty of time. 27 days. >> right. we are -- out of time. every day that goes by. >> stephanie cutter this morning -- >> every day that goes by, you can see more and more supp
john boehner needs to decide how he will get his caucus together. they're becoming increasingly isolated in their position. hopefully we can have a deal which protects the middle class. there is a piece of legislation sitting in the house today that would prevent taxes from going up on 98% of the american people. 97% of small businesses. they should go ahead and move that. and then we can have a broader discussion of how we achieve larger deficit reduction and avoid the fiscal cliff. but...
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we have not seen that same support from republicans to speaker boehner. he has the rank and file behind him, but we have conservative voices both in the senate and house criticize the plan he put on the table. with that said, again, i guess my initial question is where do you see progress? you noted where the president stood the line and been loyal to the words he offered to the american public upon re-election, but as far as these negotiations are concerned, where is the progress? >> well, i think republican voices are being raised. even lindsey graham over in the senate and in the house, you're seeing the congressman speak out from ohio. though he's leaving, he sees a path forward to an agreement. i think we need 218 to pass a measure in the house, and i think we're on the road to do that. >> quickly, we have to talk about major changes to social security and medicare. you are against it. a new poll shows that 70% are opposed to medicaid spending cuts, 51% oppose raising medicare age. where are you you willing to compromise on entitlements when that par
we have not seen that same support from republicans to speaker boehner. he has the rank and file behind him, but we have conservative voices both in the senate and house criticize the plan he put on the table. with that said, again, i guess my initial question is where do you see progress? you noted where the president stood the line and been loyal to the words he offered to the american public upon re-election, but as far as these negotiations are concerned, where is the progress? >>...
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two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't heard from democrats in the senate. i'm going to guarantee you that the democrats in the senate are going to be split on this business of who's rich and what the right tax rates are going to be. >> i have to leave it there, chaps. nick, larry, thank you both much, indeed. >>> coming up next, kerry kennedy joins me about fame, politics and most important of all, taylor swift. like a lot of things, trying to find a better job can be frustrating. so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - t
two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't heard from democrats in the...